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China big weekly buyer for soybeans, pork

China showed up in a couple of significant spots in the USDA’s weekly export sales report. During the week ending March 7, China bought more than 1.7 million tons of U.S. soybeans and 23,800 tons of U.S. pork, making it the top weekly buyer for both commodities. No date has been announced for the resumption of face to face trade talks between the U.S. and China.

Combined old and new crop export sales for beans, corn, soybean products, and wheat were within most pre-report expectations.

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